A Business Roundtable survey released found Monday that 98% of CEO's claim that President Biden's proposed tax hikes would have a significant "adverse" on their ability to compete. According to the survey, 98% of CEO's say that an increase in the corporate tax rate from 21% to 28% would have a moderately to very severe effect on the ability of business to be competitive. 75% of CEO's that an increased tax burden on U.S. companies would negatively affect their companies' investments in R&D and innovation. 71% stated that it would negatively affect their ability to hire. And nearly 2/3 state it would result in slower wage growth for U.S. workers. An overwhelming majority--88% stated that globally competitive tax policies is important for business expansion. When asked about the increase in the GILTI rate from 10.5 percent to 21%, 76% of CEO's reported it would have a "moderately" to "significant" impact on their business' competitiveness, including plans for U.S. capital spending and hiring.
The truth is, the higher the corporate tax rate is, the less competitive a business can be, the less money is available to invest in hiring, R&D, and business expansion. Also, there's less money available to grow employees' wages as well. Add that on top of the many regulations that many companies have to abide with which mostly choke a business' ability to grow. Many of the regulations imposed upon American businesses today mostly have a negative effect upon their ability to be competitive. Raising the corporate tax rate is a horrible idea. The government needs to allow businesses the freedom and room to grow their companies as they see fit as long as it's within reason and it doesn't harm employees or the general American public. Allow the privater sector to grow the economy. That's the way it's supposed to be. I call for an ending to the corporate tax rate altogether and just impose a minimum flat tax upon them like you would an average American. That's my proposal. Click on the above link to read the full story.
Senator Tom Cotton (R-AR), has introduced a bill entitled, "No Bailout For Illegal Aliens Act" Monday which would make states sending money to illegal aliens ineligible for federal funds. Cotton stated if the legislation passes, then it would amend the "American Rescue Plan Act" in order to withhold funding authorized from the American Rescue Plan Act from any state or unit of local government that provide relief funds or monetary payments through a program exclusively targeting "illegal immigrants."
Senator Cotton needs to go further than just introduce the bill through Congress. He needs to fight to make sure that bill passes and that any and all money states pay to illegal immigrants be stopped or else the states receive no funding from the "American Rescue Plan Act." The American citizens should take first priority over illegal immigrants when it comes to jobs or cash payments. As true as it may be that there were many illegal immigrants that lost jobs during the pandemic, those jobs belong to the Americans, as Cotton rightfully pointed out. Giving cash payments to illegals is nonsense. Click on the above link to continue reading the story.
President Joe Biden is facing some very stiff resistance on his massive infrastructure plan. Republicans say it's a liberal big-spending agenda which comes with major tax increases, such as hiking the corporate income tax from 21% to 28%. Biden says that's he's open to negotiating the $2 trillion package, but inaction is an option. The bill is entitled the American Jobs Plan. While the plan calls for $820 billion on roads, bridges, railways, airports, and power grids, there's also massive amounts of money going towards projects that have nothing to do with infrastructure such as $400 billion for health care for the elderly and disabled. Senae Moinority Leader Mitch McConnell stated that this bill is a "Trojan horse" for massive tax increases for a whole lot more debt and a whole lot more spending.
Republicans are saying that the Democrats are stretching the term "infrastructure" which has nothing whatsoever to do with infrastructure spending. Senator Kirsten Gillibrand, (D-NY) tweeted, "Paid leave is infrastructure Child care is infrastructure, caregiving is infrastructure." Senator Ted Cruz (R-TX) shot back and stated, "Abortion is infrastructure, gun control is infrastructure, forced unionization is infrastructure."
I believe the purpose of the bill is for Democrats to ram through spending for their special projects. They'll do it under the title, "infrastructure" and add many things to it that have nothing to do with infrastructure whatsoever. As of right now, Senator Joe Mancin (D-WV) isn't in favor of this huge spending bill. Let's hope that stick. Click on the above link from CBNNews.com.
Atlanta-based Coca Cola and Delta were among the first corporations to speak out against Georgia's new voting law. It raised the political stakes to a new level. Georgia Governor Brian Kemp stated that 'cancel culture and partisan activists are coming for your business.' In Texas, Governor Greg Abbot came out against the MLB with a boycott of his own--by refusing to throw out the first pitch at the Texas Rangers' opening day. Senate Minority Leader Mitch McConnell (R-KY) stated this is an attempt to "bully and mislead" the American people. McConnell stated that the big corporations need to stay out of politics and not choose sides. This all comes when 170 companies are placing their opposition to voting laws which supposedly make it more difficult to vote. Democrats claim the Georgia Voting law as "voter suppression". President Biden called it "Jim Crow on steroids." Even the media have called out Biden for misstating the facts about the law. McConnell stated that it's now even easier to vote in Georgia, after the new voting law, than it is to vote in Biden's home state of Delaware.
In a Wall Street Journal article, Republican political consultant Karl Rove compared Georgia's voting law to Biden's home state of Delaware. (1) Georgia allows no-excuse early voting law. Delaware doesn't. A law will change that in 2022 but Georgia will still have seven more days of early voting. (2) Georgia allows no-excuse mail-in ballots--Delaware doesn't. (3) Georgia, which has been criticized for capping the number of drop-off boxes, more per capita than Delaware.
All these lies that are being told by President Biden and the large corporations does nothing but help further racial strife. Click on the link from CBN to read the story.
On Monday April 5, 2021, Baylor University won their first NCAA championship defeating an undefeated Gonzaga team by the score of 86-70. The private Christian college thanked God as they stood in a circle on the court after the game. The win came a year after the 2020 NCAA tournament was cancelled due to the Covid pandemic. The Bears Jared Butler won the NCAA Final Four most valuable player award. Baylor's head coach Scott Drew praised his team for the hard work they exhibited during the run to the championship game.
It's great to see a team giving praise to God after winning a game. Within the last year we've seen teams kneeling during the national anthem to protest the killing of George Floyd last year on May 27. It's great to see a team giving thanks to God for their accomplishments. It's great to see some positive news in the sports world.
President Joe Biden is undoing three of the major foreign policy successes that were accomplished during the Trump administration, according to Joe Pollak. The reason for that is most likely because the globalist establishment desires that he undo those foreign policy successes of President Trump. Biden is fulfilling the goals of the globalist establishment through executive order.
1. The first foreign policy success of the Trump administration Biden is undoing is that of border policy. President Trump had signed agreements with the Central American countries to slow the growth of migrants.
2. Middle East: In September 2020, President Trump signed the Abraham Accords which formally normalized diplomatic relations between Israel and a pair of Arab states. Consequently, Biden has punished many of the key players: raising tariffs on the United Arab Emirates, withholding arms sales to the UAE and Saudi Arabia, de-listing the anti-Saudi, pro-Iran Houthi militia as a terror group.
3. Keystone XL Pipeline: Through the stroke of a pen, Biden cancelled the permit for the Keystone XL Pipeline. It was a pipeline that would have created tens of thousands of great-paying union jobs. The globalist establishment wanted the Keystone Pipeline XL project cancelled. That way, America can be controlled by a group of elite people. The supposed excuse for cancelling is for the purpose of the environment. Biden's intention is to rejoin the Paris Climate Agreement, even though the U.S. reduced carbon emissions on its own.
What a tragic day in America! There's much more coming to America which I believe will cause the hair on peoples' heads to stand up. God help our country!
Joseph Robinette Biden Jr. was sworn in as the nation's 46th president on Wednesday January 20, 2021. He was sworn in as the oldest president being 78 years old. Also, former California Senator Kamala Harris was the first woman sworn in as vice-president of the United States. She is partly African American and Asian. Previously, there were two women on the vice-presidential ticket in the past. Geraldine Ferraro was the first woman on a vice presidential ticket along with Walter Mondale in 1984. That ticket lost to Ronald Reagan that year. In 2008 former Alaska Governor Sarah Palin was on the vice-presidential ticket with presidential candidate John McCain. But they lost to Barack Obama that year. Nevertheless this year Harris is the first woman to become vice-president.
I do have plans to watch the inaugural speech this weekend due to working this week. I will say at the outset I am greatly concerned for the welfare of this country giving those that supported the candidacy of Biden and Harris. I believe the agenda will be more of the opposite from former President Trump's agenda. Joe Biden stated he was going to reverse many of former President Trump's executive orders such as eliminating the Muslim travel ban, cancelling the Keystone XL pipeline project, for example. I sadly expect tomorrow President Biden will reverse the executive order banning abortions in military hospitals and other places. Tomorrow is the 48th anniversary of Roe vs. Wade. There will be a demonstration from the right to life crowd but it won't be anything like past marches due to the Covid pandemic. Instead, many will have to watch the march virtually. I think CBN news will air the right to life march. I believe the Biden administration will bring us a step closer to communism and more controls will be imposed upon the American people. Biden has already signed an order that requires wearing masks on federal property. Also, Biden intends on revoking many of the tax cuts that were enacted during the Trump administration in December 2017. With both houses of Congress being under Democrat control, there's a great possibility that many of our tax cuts will be eliminated, even with a 50-50 Senate with Harris being the tie breaker. We do need to pray for God's mercy upon our country and pray that things won't be as bad as they could be. God was merciful to us during the Clinton, Bush '43, and Obama's administration. I hope he does that again. However, those that claim to be born again believers need to recognize our hope doesn't lie in who occupies the Oval Office or which party is in control on Capitol Hill. Our hope is in Jesus. Christians have a civic responsibility and we should involve ourselves in the political process. But at the end of the day, we need to recognize not everything has a political solution to it. Some things can only be solved by a move of God in our country.
I recognize there are some that refuse to watch the inauguration due to the events that took placer last year. I do recognize that more than likely voter fraud was committed during last year's presidential election. Why do I say that? Most people in high places were so intent on removing Donald Trump as president in the last four years. If they would stoop to any means to remove the former president, then how much of a stretch is it to manipulate last years vote? However, Biden is legally recognized as our president and there's nothing we can do to my knowledge to rectify last year's election. We have to move forward. I believe last year's election was set up to defeat Trump because he adhere to the globalist agenda. All his policies weren't perfect, but I do believe Trump was the most pro-American president since Ronald Reagan. He was about God, country, and the Constitution. That's why I voted for him. It wasn't based on his personality.
During his inaugural address he spoke of uniting our country and that he would be a president for all people. He also stated that democracy has it's day too. I must remind the new president that America isn't a democracy, it's a republic. It has democratic principles involved. The electorate votes for their elected officials and sometimes votes on ballot initiatives during elections. However, America is established upon a republic where representatives and Senators are supposed to represent the American people. As far as the subject of unity, that flies opposite of what the leftist crowd has been doing the last four years. Last year they stated that American was a racist nation and that it practices systemic racism. It also singled out whites as being racial supremacists like that's the primary attitude of whites in general. I highly doubt that. I'm sure there are some white supremacists, but those fringe groups aren't going to have any kind of influence or leverage in America. The news media will make sure of that. The left has done nothing but cause division in America through race baiting and bashing our law enforcement officers. There are some that need to be terminated, but I don't think that's the majority of our law enforcement officers. They made the terrible situation where Derick Chauvin choked George Floyd and made it appear that's indicative of our law enforcement in general. Black Lives Matter was greatly behind all the riots and violent protests that took place last summer. It's nothing but hypocrisy when Biden speaks about unity. However, the unity they're thinking of is a society where American is overrun with illegals, the LGBT groups is exalted to be the norm in society, and a society which will one day be under totalitarian rule, which will probably be sooner rather than later the way events have gone since last year's Covid pandemic. We need to pray for our president and the new administration and pray for God's mercy upon our country.
According to a New York Times report, Senator Mitch McConnell (R-KY) privately backs House impeachment of Trump. Also Vice-President Mike Pence stated that he won't utilize the 25th amendment in removing President Trump, as Nancy Pelosi urged Pence to do. As of the latest news according to NPR, the House has already moved to impeach President Trump a second time as I speak. The House has moved to draft articles of impeachment against President supposedly for inciting violence last Wednesday against the country as a mob of "Trump supporters" stormed last Wednesday January 6 which resulted in deaths, such as police at Capitol Hill. Trump is blamed for inciting violence for last Wednesday's event. It took place as Congress was voting to certify President-elect Joe Biden's victory in November. As of this writing, several Republican senators have cited their support for the impeachment of the president, at a time when in one week Joe Biden, will take the oath of office as the 46th nation's president. According to some sources who know McConnell's thinking, said that this will purge the party from President Trump.
I wholeheartedly believe the purpose for this impeachment by the House is to ensure that President Trump can't run for office again, including the year 2024. The truth of the matter is that even if Trump did run that year, he wouldn't win re-election. I wholeheartedly believe that. Politically speaking, Trump is finished and now he can devote his time to pursuing what he was doing prior to winning the presidency. I could make other comments regarding the "insurrection" at the Capitol last Wednesday, but I will reserve that for another time.
Today is the big day. The Georgia Senate runoff between Republican incumbents Kelly Loeffler and David Perdue against Democratic candidates Raphael Warnock and Jon Osoff was today. I believe the polls are already closed in Georgia. I believed they closed at 7:00 p.m. EST. The balance of the Senate will hang on this election runoff. Either the GOP will control the Senate or the Democrats will control the Senate. If the Democrats control the Senate, then there's no telling what will transpire with both Houses of Congress being controlled by the Democrats along with Democratic president Joe Biden. It will be tragic for our country. It will make it easier for the communist agenda to be fulfilled if both houses are Democrat. I know that the Republicans aren't great themselves. But it will be tragic if the Democrats are in control of both houses. We'll watch and see.
